NexGen Free Cash Flow Yield vs Ptb Ratio Analysis

NXE Stock

CAD 11.75 0.42 3.71%

NexGen Energy financial indicator trend analysis is infinitely more than just investigating NexGen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGen Energy is a good investment. Please check the relationship between NexGen Energy Free Cash Flow Yield and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NexGen Energy's Free Cash Flow Yield and Ptb Ratio is 0.57. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of NexGen Energy, assuming nothing else is changed. The correlation between historical values of NexGen Energy's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of NexGen Energy are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., NexGen Energy's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from NexGen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGen Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.At this time, NexGen Energy's Selling General Administrative is very stable compared to the past year. As of the 8th of May 2024, Issuance Of Capital Stock is likely to grow to about 207.3 M, though Tax Provision is likely to grow to (1.3 M).

	2021	2022	2023	2024 (projected)
Interest Income	910K	2.8M	6.0M	4.9M
Minority Interest	7.9M	3.7M	10.6M	13.6M

Interest Income Minority Interest

NexGen Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Gross	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Other Stockholder Equity	Short Long Term Debt
Total Assets		0.96	0.97	0.98	-0.3	-0.85	0.96	0.68	0.93	0.88	0.75	0.88	0.61	0.97	0.95	0.96	0.57	0.94	0.82	0.96	0.99	-0.57	0.59	0.59	0.09	0.83
Other Current Liab	0.96		0.98	0.94	-0.3	-0.89	0.89	0.61	0.95	0.84	0.71	0.84	0.55	0.89	0.95	0.96	0.49	0.93	0.84	0.99	0.97	-0.51	0.51	0.52	-0.04	0.78
Total Current Liabilities	0.97	0.98		0.97	-0.3	-0.81	0.9	0.52	0.92	0.78	0.63	0.94	0.5	0.9	0.92	0.91	0.43	0.9	0.76	0.98	0.98	-0.46	0.48	0.47	-0.13	0.71
Total Stockholder Equity	0.98	0.94	0.97		-0.46	-0.81	0.94	0.6	0.94	0.78	0.64	0.92	0.43	0.94	0.95	0.9	0.55	0.95	0.75	0.95	0.97	-0.48	0.41	0.41	-0.05	0.71
Net Debt	-0.3	-0.3	-0.3	-0.46		0.34	-0.41	-0.37	-0.44	-0.07	-0.09	-0.3	0.37	-0.41	-0.47	-0.22	-0.46	-0.55	-0.16	-0.33	-0.25	0.0	0.39	0.38	0.19	-0.03
Retained Earnings	-0.85	-0.89	-0.81	-0.81	0.34		-0.8	-0.76	-0.87	-0.86	-0.78	-0.58	-0.58	-0.8	-0.95	-0.94	-0.77	-0.92	-0.92	-0.91	-0.85	0.55	-0.5	-0.53	-0.26	-0.8
Cash	0.96	0.89	0.9	0.94	-0.41	-0.8		0.77	0.87	0.85	0.72	0.82	0.6	0.99	0.92	0.89	0.59	0.91	0.76	0.88	0.92	-0.56	0.58	0.59	0.15	0.83
Cash And Short Term Investments	0.68	0.61	0.52	0.6	-0.37	-0.76	0.77		0.67	0.8	0.85	0.32	0.68	0.78	0.73	0.72	0.74	0.74	0.8	0.6	0.6	-0.66	0.59	0.63	0.51	0.81
Net Receivables	0.93	0.95	0.92	0.94	-0.44	-0.87	0.87	0.67		0.81	0.72	0.8	0.44	0.9	0.96	0.92	0.56	0.96	0.81	0.95	0.93	-0.54	0.39	0.41	-0.05	0.74
Common Stock Total Equity	0.88	0.84	0.78	0.78	-0.07	-0.86	0.85	0.8	0.81		0.93	0.59	0.81	0.85	0.86	0.94	0.64	0.82	0.9	0.82	0.86	-0.8	0.81	0.82	0.44	0.98
Common Stock Shares Outstanding	0.75	0.71	0.63	0.64	-0.09	-0.78	0.72	0.85	0.72	0.93		0.4	0.79	0.73	0.75	0.84	0.64	0.73	0.91	0.69	0.71	-0.84	0.75	0.77	0.51	0.92
Other Current Assets	0.88	0.84	0.94	0.92	-0.3	-0.58	0.82	0.32	0.8	0.59	0.4		0.33	0.83	0.78	0.74	0.26	0.77	0.54	0.85	0.9	-0.28	0.35	0.33	-0.29	0.52
Total Liab	0.61	0.55	0.5	0.43	0.37	-0.58	0.6	0.68	0.44	0.81	0.79	0.33		0.59	0.49	0.68	0.36	0.43	0.75	0.51	0.59	-0.63	0.94	0.96	0.52	0.85
Total Current Assets	0.97	0.89	0.9	0.94	-0.41	-0.8	0.99	0.78	0.9	0.85	0.73	0.83	0.59		0.92	0.89	0.59	0.92	0.76	0.88	0.92	-0.58	0.57	0.58	0.14	0.82
Common Stock	0.95	0.95	0.92	0.95	-0.47	-0.95	0.92	0.73	0.96	0.86	0.75	0.78	0.49	0.92		0.96	0.71	0.99	0.86	0.96	0.94	-0.55	0.45	0.46	0.11	0.78
Property Plant And Equipment Gross	0.96	0.96	0.91	0.9	-0.22	-0.94	0.89	0.72	0.92	0.94	0.84	0.74	0.68	0.89	0.96		0.65	0.93	0.93	0.95	0.96	-0.63	0.63	0.65	0.23	0.89
Other Liab	0.57	0.49	0.43	0.55	-0.46	-0.77	0.59	0.74	0.56	0.64	0.64	0.26	0.36	0.59	0.71	0.65		0.71	0.7	0.53	0.54	-0.44	0.28	0.32	0.61	0.59
Net Tangible Assets	0.94	0.93	0.9	0.95	-0.55	-0.92	0.91	0.74	0.96	0.82	0.73	0.77	0.43	0.92	0.99	0.93	0.71		0.84	0.94	0.92	-0.53	0.38	0.4	0.1	0.76
Property Plant And Equipment Net	0.82	0.84	0.76	0.75	-0.16	-0.92	0.76	0.8	0.81	0.9	0.91	0.54	0.75	0.76	0.86	0.93	0.7	0.84		0.84	0.83	-0.63	0.64	0.68	0.35	0.87
Accounts Payable	0.96	0.99	0.98	0.95	-0.33	-0.91	0.88	0.6	0.95	0.82	0.69	0.85	0.51	0.88	0.96	0.95	0.53	0.94	0.84		0.97	-0.49	0.47	0.48	-0.05	0.75
Non Current Assets Total	0.99	0.97	0.98	0.97	-0.25	-0.85	0.92	0.6	0.93	0.86	0.71	0.9	0.59	0.92	0.94	0.96	0.54	0.92	0.83	0.97		-0.53	0.56	0.57	0.04	0.8
Non Currrent Assets Other	-0.57	-0.51	-0.46	-0.48	0.0	0.55	-0.56	-0.66	-0.54	-0.8	-0.84	-0.28	-0.63	-0.58	-0.55	-0.63	-0.44	-0.53	-0.63	-0.49	-0.53		-0.77	-0.69	-0.44	-0.76
Long Term Debt	0.59	0.51	0.48	0.41	0.39	-0.5	0.58	0.59	0.39	0.81	0.75	0.35	0.94	0.57	0.45	0.63	0.28	0.38	0.64	0.47	0.56	-0.77		0.97	0.48	0.82
Non Current Liabilities Total	0.59	0.52	0.47	0.41	0.38	-0.53	0.59	0.63	0.41	0.82	0.77	0.33	0.96	0.58	0.46	0.65	0.32	0.4	0.68	0.48	0.57	-0.69	0.97		0.52	0.86
Other Stockholder Equity	0.09	-0.04	-0.13	-0.05	0.19	-0.26	0.15	0.51	-0.05	0.44	0.51	-0.29	0.52	0.14	0.11	0.23	0.61	0.1	0.35	-0.05	0.04	-0.44	0.48	0.52		0.49
Short Long Term Debt	0.83	0.78	0.71	0.71	-0.03	-0.8	0.83	0.81	0.74	0.98	0.92	0.52	0.85	0.82	0.78	0.89	0.59	0.76	0.87	0.75	0.8	-0.76	0.82	0.86	0.49

Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	313.5M	357.4M	546.6M	554.6M	1.0B	1.1B
Other Current Liab	4.2M	6.5M	7.5M	15.8M	18.2M	19.1M
Total Current Liabilities	4.8M	7.3M	8.2M	16.6M	27.9M	29.3M
Total Stockholder Equity	164.7M	94.3M	433.6M	417.9M	820.0M	861.0M
Net Debt	70.1M	156.9M	(126.6M)	(52.0M)	(46.8M)	(44.4M)
Retained Earnings	(103.4M)	(212.3M)	(333.0M)	(389.9M)	(304.0M)	(288.8M)
Cash	52.1M	74.0M	201.8M	134.4M	290.7M	305.3M
Cash And Short Term Investments	52.1M	74.0M	211.1M	140.2M	161.3M	82.8M
Net Receivables	610.1K	304.6K	1.2M	1.8M	1.9M	2.0M
Common Stock Total Equity	196.3M	208.7M	218.8M	256.0M	294.3M	309.1M
Common Stock Shares Outstanding	413.4M	402.7M	370.5M	459.3M	525.3M	315.4M
Liabilities And Stockholders Equity	313.5M	357.4M	546.6M	554.6M	637.7M	669.6M
Other Current Assets	734.3K	679.7K	1.0M	2.2M	13.8M	14.5M
Total Liab	127.2M	238.1M	85.2M	99.1M	187.4M	96.0M
Total Current Assets	53.5M	75.0M	213.3M	144.2M	307.0M	322.3M
Common Stock	218.8M	256.0M	695.9M	712.6M	819.5M	860.5M
Property Plant And Equipment Gross	260.0M	282.3M	342.9M	421.9M	469.9M	493.4M
Accumulated Other Comprehensive Income	49.3M	50.6M	70.7M	95.1M	109.4M	114.9M
Other Liab	725.1K	711.6K	2.5M	867K	997.1K	732.7K
Net Tangible Assets	161.6M	94.0M	433.3M	417.7M	480.4M	504.4M
Property Plant And Equipment Net	260.0M	282.3M	333.2M	410.3M	456.8M	235.4M
Accounts Payable	3.2M	5.7M	7.4M	13.7M	15.7M	16.5M
Non Current Assets Total	260.1M	282.4M	333.2M	410.4M	700.5M	735.5M
Non Currrent Assets Other	514.7K	95.8K	85.4K	76K	68.4K	65.0K
Long Term Debt	119.6M	226.9M	72.0M	80.0M	158.5M	126.9M
Non Current Liabilities Total	122.4M	230.8M	77.0M	82.6M	159.5M	116.1M
Other Stockholder Equity	46.6M	50.6M	70.7M	460K	529K	502.6K
Short Term Debt	559.0K	777.6K	706K	775K	697.5K	662.6K
Property Plant Equipment	259.7M	282.1M	332.9M	410.3M	471.8M	495.4M
Short Long Term Debt Total	122.2M	230.9M	75.2M	82.5M	94.9M	122.7M
Other Assets	514.7K	95.8K	85.4K	76K	87.4K	126.7K
Long Term Debt Total	121.7M	230.1M	74.5M	81.7M	73.5M	101.5M
Net Invested Capital	284.3M	321.1M	505.6M	497.9M	978.5M	502.6M
Net Working Capital	48.7M	67.7M	205.1M	127.6M	279.1M	158.7M
Capital Stock	218.8M	256.0M	695.9M	712.6M	1.0B	568.5M

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When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NexGen Energy's future performance. For an informed investment choice regarding NexGen Stock, refer to the following important reports:

How To Invest In NexGen

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Is NexGen Stock a good investment?

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What is NexGen Energy's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.

Note that the NexGen Energy information on this page should be used as a complementary analysis to other NexGen Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running NexGen Energy's price analysis, check to measure NexGen Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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NexGen Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

NexGen Energy fundamental ratios Correlations

NexGen Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NexGen Energy fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Cash
Net Tangible Assets	+ 0.99	Common Stock
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab

Common Stock	- 0.95	Retained Earnings
Property Plant And Equipment Gross	- 0.94	Retained Earnings
Property Plant And Equipment Net	- 0.92	Retained Earnings
Net Tangible Assets	- 0.92	Retained Earnings
Accounts Payable	- 0.91	Retained Earnings
Retained Earnings	- 0.89	Other Current Liab